$3,998,000
$4M PRICE INCREASE

28235 Boulder Cir Excelsior, MN 55331

Shorewood Area

Estimated payment $25,766/month

Total Views 556
1.3 Acres
$3,075,385 Price per Acre
56,628 Sq Ft Lot

Highlights

  • 135 Feet of Waterfront
  • Beach Access
  • No HOA
  • Minnewashta Elementary School Rated A
  • Lake View

About This Lot

An extraordinary opportunity to own one of Lake Minnetonka's most coveted waterfront properties in highly desirable Smithtown Bay. Situated on over one acre with approximately 140 feet of level, west-facing sandy lakeshore, this exceptional estate captures breathtaking sunset views and offers a rare combination of privacy, prestige, and potential. Whether you choose to enjoy the home as it stands today, reimagine and renovate it to suit your lifestyle, or take advantage of this irreplaceable setting to build your dream estate, the possibilities are truly endless. The generous lot, coveted shoreline, and premier location near Howard's Point Marina and within the award-winning Minnetonka School District make this a once-in-a-generation offering. Bring your imagination and be delightfully surprised by the incredible opportunity that awaits. This home has been virtually staged. Sold AS-IS.

Listing Agent

Lisa Norton

Coldwell Banker Realty Brokerage Phone: 9522151374 Listed on: 07/22/2026

Coldwell Banker Realty

Co-Listing Agent

Ellen DeHaven

Coldwell Banker Realty Brokerage Phone: 9522151374

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $45,754

Lot Details

  • 135 Feet of Waterfront
  • Lake Front
  • Irregular Lot
  • Finished Lot(s)
  • Zoning described as Shoreline,Residential-Single Family

Property Views

  • Lake Views

Community Details

Overview

  • No Home Owners Association

Recreation

  • Beach Access

Property Details

Property Type

Land

Est. Annual Taxes

$45,754

Listing Details

  • Type: Land
  • Development Status: Finished Lot(s)
  • FractionalOwnershipYN: No
  • Improvements: None
  • Attribution Contact: 9522151374
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Inclusions: Boat Slip,Dock
  • Basement YN: No

Exterior Features

  • Fencing: None
  • View: Lake
  • Elevation Highpoint to Waterfront Feet: 0-4
  • Waterfront Frontage: 135
  • Farm Type: None

Utilities

  • Utilities: Private Well Available, Private Well Connected

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Minnetonka
  • SchoolDistrictPhone: 9524015000

Lot Info

  • Topography: Level
  • Waterfront YN: Yes
  • Lot Size: Irregular
  • Land Lease: No
  • Lot Features: Accessible Shoreline, Irregular Lot
  • Additional Parcels: No
  • Zoning Description: Shoreline,Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly
  • Crop Type: None
  • All Program Acres: 0

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: TBD
  • Tax Annual Amount: 45754
  • TaxWithAssessments: 45754

Multi Family

  • WaterfrontFeatures: Lake Front, Lake View

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $53,293 $3,825,700 $2,628,200 $1,197,500
2024 $44,149 $3,258,200 $2,222,600 $1,035,600
2023 $45,754 $3,528,800 $2,200,600 $1,328,200
2022 $33,695 $3,114,000 $1,971,000 $1,143,000
2021 $33,361 $2,306,000 $1,408,000 $898,000
2020 $35,293 $2,266,000 $1,380,000 $886,000
2019 $34,977 $2,283,000 $1,380,000 $903,000
2018 $37,419 $2,249,000 $1,380,000 $869,000
2017 $37,813 $2,385,000 $1,410,000 $975,000
2016 $35,068 $2,179,000 $1,380,000 $799,000
2015 $35,321 $2,179,000 $1,380,000 $799,000
2014 -- $2,037,000 $1,254,000 $783,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/23/2026 07/23/26 Price Changed $3,998,000 +133266566.7% --
07/22/2026 07/22/26 For Sale $3 -100.0% --
07/06/2026 07/06/26 For Sale $3,998,000 -- $658 / Sq Ft
Source: NorthstarMLS

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Closed $1,000,000 Credit Line Revolving
Closed $400,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Source: NorthstarMLS

MLS Number: 7112986

NorthstarMLS

APN: 31-117-23-34-0018

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